Ocean Renewable Power Co Salary

As of July 2026, the average annual salary for employees at Ocean Renewable Power Co in the United States is $95,523. This translates to an approximate hourly wage of $46. Salaries at Ocean Renewable Power Co typically range from $84,130 to $107,770 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Ocean Renewable Power Co

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Is Ocean Renewable Power Co’s Pay Competitive? Salary Benchmarking Analysis

How does Ocean Renewable Power Co's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Eureka Hunter Pipeline LLC $87,316
-8.6%
Eureka Hunter Pipeline LLC operates with a leaner overhead structure, impacting base wage offers.
OGInfo.com LLC $88,318
-7.5%
OGInfo.com LLC likely leverages performance bonuses over the high base salary shown here.
National1 Energy LLC $96,620
+1.1%
Suggests National1 Energy LLC utilizes a highly similar base-plus-benefits compensation model.
Photosol US Renewable Energy LLC $88,972
-6.9%
Normalized for lower cost-of-living zones where Photosol US Renewable Energy LLC primarily operates.
Energy & Utilities Industry $130,148
+36.2%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Ocean Renewable Power Co

Considering a career at Ocean Renewable Power Co? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Supervisors check in regularly, which builds trust. Being part of this strong team feels like a family. Flexible work options and supportive management help employees balance their responsibilities. Staff feel engaged and appreciated, and leadership maintains high environmental standards. I feel proud representing them outside of work.
The 401(k) match is above industry standards, and employee discounts on utilities are a nice perk. There’s a shared sense of mission among staff, and I feel proud to contribute to something meaningful. A very well-run and engaging place to work. Outstanding commitment to energy efficiency and modern technology. Work-life balance is respected, especially with flexible scheduling. Coworkers are resp...
Management provides clear communication, leadership support, and career development opportunities. For an organization operating complex systems, their rigorous safety protocols and ongoing training are exceptional. Overall, it’s a consistent workplace with excitement or fast innovation. It’s an incredibly motivating environment where you know your colleagues always have your back, which makes eve...
The leadership team actively fosters innovation, even within our established utility operations. There’s a clear vision for growth, and staff are aligned with company goals. Competitive compensation and comprehensive benefits support employee well-being. Training programs are offered but vary in accessibility and quality across departments. The projects are large-scale and impactful.
Innovation is limited, and processes are quite rigid. Office staff work with advanced analytics platforms that make our jobs more effective. Compensation and benefits are competitive and comprehensive.

Ocean Renewable Power Co Overview

Website
www.orpc.co
Founded In
2004
Employees
25 - 50 employees
Industry
Energy & Utilities
Headquarter Address
254 Commercial St Portland Maine ME 04101
Revenue
$5 Million - $10 Million
Phone Number
+1 2077727707
Social Media
About Ocean Renewable Power Co
About ORPC: Worldwide, ORPC is the only company to have built, operated and delivered power to a utility grid from a hydrokinetic tidal project (in Maine), and to a remote community grid from a hydrokinetic river project (in Alaska). ORPC remains firmly committed to its founding principle of working collaboratively with all stakeholders and local contractors to create economic development opportun

What Benefits Does Ocean Renewable Power Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Ocean Renewable Power Co offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Portland?

Understanding the cost of living near Portland is key to truly evaluating a salary offer or your current compensation at Ocean Renewable Power Co.
Portland's Cost of Living Index is approximately 110.8 (10.8% more expensive than US average; 9.2% more than ME average). Largest ME city, popular, foodie scene, housing costs significantly above ME avg. METRO bus, ferry. When planning your budget based on a salary from Ocean Renewable Power Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,400+ A significant portion of Ocean Renewable Power Co salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $45 (METRO monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,085 - $4,855+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Ocean Renewable Power Co

1. How much does an Ocean Renewable Power Co employee make?

Ocean Renewable Power Co pays its employees an average of $95,523 per year. The average salary at Ocean Renewable Power Co range from $84,130 to $107,770 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than Ocean Renewable Power Co?

The salary at Ocean Renewable Power Co is higher than the similar company. The average annual salary at Ocean Renewable Power Co is $95,523, or an hourly wage of $46, in comparison to Eureka Hunter Pipeline LLC which pays $87,316 per year or $42 per hour.

3. How much does a President typically earn at Ocean Renewable Power Co?

A President at Ocean Renewable Power Co typically earns an average annual base salary of around $739,429, with a general range of $566,618 to $929,802.

4. Do employees with advanced degrees (Master's, PhD) earn more at Ocean Renewable Power Co?

In many roles at Ocean Renewable Power Co, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Portland affect the perceived value of a Ocean Renewable Power Co salary?

Portland's Cost of Living Index is approximately 110.8 (10.8% more expensive than US average; 9.2% more than ME average). This significantly impacts the purchasing power of a salary from Ocean Renewable Power Co based there. Our "Cost of Living Insights for Portland" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Ocean Renewable Power Co typically offer employees?

Ocean Renewable Power Co generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Ocean Renewable Power Co" section on this page.